A private client called upon me some years ago to replace some
"invisibly set" diamonds. She told me that she needs to have 2-3
replaced and secure the balance of her other 210 stones. I did this
and I told her to get her ring insured. She again called me a few
months later that some more other stones fell out, I asked her did
she ever get her home insurance to cover her ring, “no I didn’t, too
Guess who called me last night? Same "penny-wise and dollar foolish"
woman! Another diamond fell out, she asked me to visit her in her
$3 million condo unit next week before she goes to her $2 million, 2nd
home in the lake areas of Southern Ontario. I again, and again asked
her did you ever get insurance on your $25,000 (wholesale cost)
ring? She said she couldn’t get any insurance even after I gave her
an updated appraisal form, why? There is only one mfg’ing company in
Toronto who can supply laser-cut diamonds just for these massive,
eternity-rings. I guess I’ll be visiting them again next week!!!..
BTW, each of the diamonds are 12 pts. in size. TTW. of 25 carats @
SI1,G. On todays market it could be loads more to purchase. …Gerry!